5 Price Action Rules EVERY Trader MUST Know

5 Price Action Rules EVERY Trader MUST Know

HomeThomas Wade5 Price Action Rules EVERY Trader MUST Know
5 Price Action Rules EVERY Trader MUST Know
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Price action describes the characteristics of a security's price movements. This movement is often analyzed in terms of price changes in the recent past. Simply put, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on recent and actual price movements, rather than relying solely on technical indicators.

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Price promotion rules

0:00 Introduction to Price Action Rules
1:15 Trendline rule
5:59 No counter trend trading
8:25 Trading margin rule
12:46 Setup rule with high probability
17:23 Signal bar rule
18:26 Rules for trading with trading margins
23:14 Rules for trading uptrends
26:47 Rules for trading downtrends

1) Trend line rule
2) Don’t trade against the trend
3) Trading margin rule
4) High probability setup rule
5) Signal bar rule

The only ones who know where the market is going are institutions. They are the ones who move the market and our job as retail traders is to follow in their footsteps and cut a piece of their movement. As price action traders, we need to find the most profitable ways to enter the trade. The most likely setups are 2nd entries at the key entry points.

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